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Exxon Mobil doubles down on fossil fuels with $59.5 billion deal for Pioneer Natural_我的网站

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在今天(13日)下午的外交部例行记者会上,有记者就全球恐怖主义受害者大会提问。对此,发言人毛宁介绍,中国高度重视保护恐怖主义受害者的权利,我们专门派出了高级别代表团出席会议。    Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas. Including debt, Exxon is committing about $64.5 billion to the acquisition, leaving no doubt of the Texas energy company's commitment to fossil fuels as energy prices surge. Pioneer shareholders will receive 2.32 shares of Exxon for each Pioneer share they own.“I think fossil fuels, as the world looks to transition and find lower sources of affordable energy with lower emissions, fossil fuels oil and gas are going to continue to play a role over time,” Exxon Mobil CEO Darren Woods said during an interview with CNBC. “ That may diminish with time. The rate of that is, I think, not very clear at this stage. But it will be around for a long time.” Woods explained that Exxon and Pioneer will be able to use their combined capabilities to drive down emissions and produce lower carbon intensity oil and gas. Exxon purchased XTO Energy in 2009 for approximately $36 billion. In the late 1990s, the merger between Exxon and Mobil was valued around $80 billion.The deal with Pioneer Natural vastly expands Exxon's presence in the Permian basin, a massive oilfield that straddles the border between Texas and New Mexico. Drilling the Permian accounted for 18% of all U.S. natural gas production last year, according to the U.S. Energy Information Administration.Pioneer's more than 850,000 net acres in the Midland Basin will be combined with Exxon’s 570,000 net acres in the Delaware and Midland Basin, nearly contiguous fields that will allow the combined company to trim costs. That is a big driver of the deal. Natural gas rigs in operation have declined over 26% in the U.S. since the start of the year, according to government data, largely due to the rising costs for drilling materials and labor over the past two years. “Their tier-one acreage is highly contiguous, allowing for greater opportunities to deploy our technologies, delivering operating and capital efficiency as well as significantly increasing production,” Woods said of Pioneer in a prepared statement. The company will have an estimated 16 billion barrels of oil equivalent in the Permian.Once the deal closes, Exxon Permian production volume will more than double to 1.3 million barrels of oil equivalent per day, based on 2023 volumes. It's expected to climb to about 2 million barrels of oil equivalent per day in 2027. “The combination of ExxonMobil and Pioneer creates a diversified energy company with the largest footprint of high-return wells in the Permian Basin,” Pioneer CEO Scott Sheffield said in a prepared statement. Citi's Alastair Syme wrote that the transaction could provide multiple benefits to Exxon. “Across the industry, the logic of consolidation in the highly fragmented Permian shale remains compelling with significant gains to be achieved from economies of scale by minimizing facilities spend, optimizing drilling and reducing" general spending, Syme wrote. Exxon is flush with cash. The company posted unprecedented profits last year of $55.7 billion, breezing past its previous record of $45.22 billion in 2008 when oil prices hit record highs.Exxon Mobil Corp. has been using some of that cash on acquisitions. In July the company announced that it was buying pipeline operator Denbury in an all-stock deal valued at $4.9 billion.Pioneer Natural has been making similar maneuvers. In 2020 the company said it was buying Parsley Energy in an all-stock deal valued at approximately $4.5 billion. It then purchased DoublePoint Energy in a cash-and-stock deal worth about $6.4 billion in 2021.The boards of both companies have approved the transaction, which is expected to close in the first half of next year. It still needs approval from Pioneer shareholders. Shares of Exxon fell more than 4% in Wednesday morning trading.。中方在发言中提出,坚决打击一切形式的恐怖主义,彻底铲除恐怖主义滋生的土壤,有效解决恐怖主义根源问题,全心全意帮助恐怖主义受害者等四点主张。我们呼吁各方积极支持习近平主席提出的全球安全倡议,践行共同、综合、合作、可持续的安全观,努力建设持久和平、普遍安全的世界,得到了各方的普遍认可。特别值得一提的是,在这次会议上,来自新疆维吾尔自治区的恐怖主义受害者买买提江讲述了他的父亲作为人民警察打击恐怖分子最终英勇牺牲的故事,介绍了政府对他家人的关心帮助,引发了现场的热烈反响。与会代表都表示理解和支持新疆的反恐行动。一位代表还专门向买买提江表示,听了他的故事很感动,进一步了解了新疆的反恐形势和中方所做的努力。毛宁表示,恐怖主义是人类的公敌,中方将继续积极参与国际反恐合作,支持联合国发挥中心协调作用,坚决打击一切形式的恐怖主义,切实保护恐怖主义受害者的权利,为国际反恐事业作出新的贡献。

B | (总台央视记者 吴汶倩 杨毅)

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